If your dad is Bill Gates, you’re probably not getting a Starbucks gift card for graduating college.
In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to Architectural Digest, the lavish estate was a graduation gift from her billionaire parents—and came complete with rolling pastures, three parcels of land, and proximity to New York City for her future studies.
But in case that sounds too much like the plot of “Succession: Equestrian Edition,” Melinda Gates would like to remind everyone: their kids were absolutely raised “middle class.”
Never forget that Bill’s mom was on the board of directors at IBM and pushed for the company to use her boy’s software startup in the very beginning. Microsoft was built entirely on this nepotism and monopoly. There is nothing remotely middle class about that story.
She wasn’t on the board of directors of IBM, she was on another board which the CEO of IBM was also on.
It’s a distinction without a difference, but still.
cross class “networking” is common and more or less the only way people move up in the class system. Having rich colleagues/ aquatences is an important part of most extremely successful startups and is absolutely something that happens to “middle class” people, just not to those living paycheck to paycheck.